Forex Opinion & Analysis

USD/CAD stays on the sidelines ahead of November’s jobs data. Bearish pressures likely but sellers need a close below 1.4000. USD/CAD is holding a neutral-to-bearish bias USD/CAD is currently...

Pronounced weakness in manufacturing activities in Germany may spread to the broader Eurozone. ECB may be forced to remove its “restrictive monetary policy” forward guidance next Thursday and evolve...

The week culminates in today’s November NFP jobs report. Given expectations of a bounce back after last month’s weather and strike-hit figure of +12k, the market now probably sees less than 200k as a...

The USD/JPY edged lower on Thursday. In the European session, USD/JPY is trading at 150.36, down 0.17% on the day. On the data calendar, Japan releases household spending and average cash earnings...

The EUR/USD has been drifting most of this week and remains steady on Thursday. In the European session, EUR/USD is trading at 1.0533, up 0.22% at the time of writing. France in Political Chaos as...

The GBP/USD pair has risen to 1.2711, marking the third day of sustained buyer activity. This upward movement comes from comments from Bank of England Governor Andrew Bailey, who hinted at potential...

GBP/USD in bullish correction in short-term. RSI and MACD head north. The GBP/USD has shown a bullish tendency over the last one-and-a-half-year.  GBP/USD has been in a rising correction mode over...

Conventional wisdom suggests Donald Trump’s second Presidential term will strengthen the US dollar through a combination of protectionist policies, tariffs, and strong economic growth, and at first...

Rate differentials, not politics, are driving moves in EUR/JPY and GBP/JPY Morning star patterns suggest potential turning points in both pairs Overview Considering some of the headlines coming out...

The most important publication in the coming weeks will be Friday's US employment report. Ahead of that, we are turning our attention to other labour market indicators. Wednesday's ADP private sector...

EUR/USD hovers near 1.0500 as traders await the outcome of the French no-confidence vote. ECB policymakers suggest a 25 bps rate cut is likely in December. Technical analysis indicates key support...

The EUR/USD is almost unchanged on Wednesday. In the European session, EUR/USD is trading at 1.0506, up 0.02% at the time of writing. Eurozone Services PMI Falls Into Contraction in November The...

The AUD/USD has taken a tumble on Wednesday. In the European session, AUD/USD is trading at 0.6416, down 1.1% on the day at the time of writing. Earlier, the Australian dollar dropped as low as...

USD/JPY stuck within 149.55-150.00 area. Short-term risk is skewed to the downside. ADP Jobs data, ISM non-mfg PMI on the agenda. USD/JPY is pushing again for a close above the 150.00 mark and the...